Following execution of the Settlement Agreement,
in November 2014 bwin.party digital entertainment plc group disposed of Peerless and as a result, ElectraWorks assumed full financial
responsibility for all payments under the Settlement Agreement.

Black Ridge and ElectraWorks have mutually
agreed that in exchange for the payment by wire from ElectraWorks to Black Ridge of the amount of Two Million Two Hundred Fifty
Thousand U.S. Dollars (US$2,250,000) (which ElectraWorks shall pay on or before August 31, 2018) that ElectraWorks and Peerless
shall owe no further payments to Black Ridge pursuant to Section 2 of the Settlement Agreement. This payment shall be made to the
bank account set forth on the attached Exhibit A.

All other terms of the Settlement Agreement shall remain in
full force and effect.

The signatories to this Agreement warrant
and represent that they have the right, power, and authority to bind the parties they represent.